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Odaily Planet Daily News DefiLlama founder 0xngmi tweeted that the NFT market Foundation's NFT contract has a loophole that allows the Foundation team to destroy almost all NFTs minted on its platform. Foundation's collection contracts use the forwarding proxy model to save deployed Gas, which means that it is not a problem for all collections to call a single contract to use its code, and Foundation's collections have a function that allows creators to use it without NFT Destroy it, the current ownership of the contract by the foundation team is held by 2 out of 6 multisigs.


0xngmi stated that it has been 6 months since the vulnerability was discovered and reported, but the foundation has not fixed it.
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